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FT Vest U.S. Equity Buffer ETF - May (FMAY)

Defined Outcome | Exchange Traded Fund | Cboe US
55.11 USD +0.17 (0.309%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 55.11

Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:36 p.m. EDT

FMAY is a single-month buffer ETF designed for short-term tactical dry powder; it offers zero long-term growth trajectory or dividend yield. While recent price action shows mild upside momentum and the 45-day forecasting model predicts negligible tick-up (+0.19%), the statistical signals (high heteroscedasticity) indicate high volatility risk. It is a neutral-to-slight-bearish hold for long-term investors, but acceptable as a temporary vehicle for end-of-month buffer grinding based on the current price hovering near its 52-week high.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.009159
AutoARIMA0.014526
AutoETS0.014578
MSTL0.015243

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 20%
H-stat 28.81
Ljung-Box p 0.000
Jarque-Bera p 0.003
Excess Kurtosis 1.04
Attribute Value
Trailing P/E 26.83

Info Dump

Attribute Value
All Time High 55.13
All Time Low 30.853
Ask 58.24
Ask Size 100
Average Daily Volume10 Day 32,410
Average Daily Volume3 Month 17,655
Average Volume 17,655
Average Volume10Days 32,410
Beta3 Year 0.58
Bid 51.96
Bid Size 4,600
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 55.13
Day Low 55.0301
Dividend Yield 0.0
Eps Trailing Twelve Months 2.0539238
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 53.61
Fifty Day Average Change 1.5
Fifty Day Average Change Percent 0.027979854
Fifty Two Week Change Percent 26.462889
Fifty Two Week High 55.13
Fifty Two Week High Change -0.020000458
Fifty Two Week High Change Percent -0.0003627872
Fifty Two Week Low 43.33
Fifty Two Week Low Change 11.779999
Fifty Two Week Low Change Percent 0.27186704
Fifty Two Week Range 43.33 - 55.13
First Trade Date Milliseconds 1,589,895,000,000
Five Year Average Return 0.0932734
Full Exchange Name Cboe US
Fund Family First Trust
Fund Inception Date 1,589,500,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange® Options ("FLEX Options") that reference the price performance of the SPDR® S&P 500® ETF Trust (the "Underlying ETF"). It is non-diversified.
Long Name FT Vest U.S. Equity Buffer ETF - May
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_656984888
Nav Price 55.13
Net Assets 1,068,120,640.0
Net Expense Ratio 0.85
Open 55.13
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 55.11
Post Market Time 1,776,456,299
Previous Close 54.94
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.170002
Regular Market Change Percent 0.309432
Regular Market Day High 55.13
Regular Market Day Low 55.0301
Regular Market Day Range 55.0301 - 55.13
Regular Market Open 55.13
Regular Market Previous Close 54.94
Regular Market Price 55.11
Regular Market Time 1,776,456,000
Regular Market Volume 33,568
Short Name FT Vest U.S. Equity Buffer ETF
Source Interval 15
Symbol FMAY
Three Year Average Return 0.1408971
Total Assets 1,068,120,640
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.83157
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.14189
Trailing Three Month Returns -1.14189
Triggerable 1
Two Hundred Day Average 52.538395
Two Hundred Day Average Change 2.5716057
Two Hundred Day Average Change Percent 0.04894717
Type Disp ETF
Volume 33,568
Yield 0.0
Ytd Return -1.14189